MAM – Yas Bay Development – Abu Dhabi - Project Profile
"MAM – Yas Bay Development – Abu Dhabi - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Miral Asset Management LLC (MAM) is planning to undertake the development of the Yas Bay in Abu Dhabi, UAE.
The project includes the construction of a leisure and entertainment destination on 13ha of land. The project will be developed in two phases.
The first phase includes the construction of 18,000-capacity multipurpose Yas Arena, 650-key hotel, 50 cafes and restaurants, 20 retail outlets, recreational pier and cinema hall, whereas the second Phase will include the construction of a 250-key high-end hotel.
The project also includes the construction of residential units to accommodate 15,000 people, media zone featuring the new campus of "twofour54", conference rooms, a convention center, a beach club, an administration space, a lounge, a swimming pool and installation of elevators, electrical systems, safety and security systems.
MAM has signed a four-year Project Management Contract with Faithful+Gould. Under the terms of the contract, Faithful+Gould’s services on the project will include design, construction, logistics, project, programme and health safety and security (HSSE) management across the pre-and post-contract phases.
HOK Group, Inc. and Pascall+Watson have been appointed as Architects.
Construction work on the first phase is expected to be completed in 2019.
The project involves development of a leisure and entertainment destination on 13.0ha of land in Abu Dhabi, UAE.
The US$3,267 million project includes the following:
1. Construction of a 18,000-capacity multipurpose Yas Arena
2. Construction of a 900-key hotel
3. Construction of 50 cafes and restaurants
4. Construction of 20 retail outlets
5. Construction of a cinema hall
6. Construction of a media zone
7. Construction of an administration space
8. Construction of a lounge
9. Construction of a swimming pool
10. Construction of conference rooms
11. Construction of a convention center
12. Construction of a beach club
13. Installation of elevators
14. Installation of electrical systems
15. Installation of safety and security systems.
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